Avionics supplier Rockwell Collins consistently registers one of the highest rates of internal R&D investment in the A&D industry. But CEO Clay Jones, a former U.S. Air Force fighter pilot, answers emphatically in the negative when asked if defense contractors should pony up more of their own money for cutting-edge research to offset declines in government funding. “There is no argument to be made in this environment for pure company-funded R&D to sell into military markets,” he ...
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